A food stall named “Rabbits Alliance” was grand winner of the Entrepreneurship Contest for Young Tenants of the Lunar New Year’s Eve Fair, located at Tap Seac Square.
The awards, co-organized by the Economic and Technological Development Bureau (DSEDT) and the Macau Youth Entrepreneurship Association (YEA), offer cash prizes for the best stalls rented and run by young people and two special awards for Best Multimedia Advertising and Best Original Product.
In total, over 70,000 patacas in cash awards were distributed with the first three classified getting 20,000, 16,000, and 12,000 patacas, respectively.
This year, 22 stalls participated in the contest, including 18 selling festive products for the Lunar New Year, and four food and drinks stalls.
A jury of several professionals from different areas evaluated the entries, based on aspects such as the style of a stall’s decoration, type of products sold, promotion strategy, operating model, and creativity.
“Rabbits Alliance” won the gold award while the silver award was attributed to “Buytotown” and “Fooktoushop.”
The Best Advertising in Multimedia and Best Original Product awards were won, respectively, by “Jade rabbit welcomes you” and “Portua.”
The organizers hope that, through this competition, young people will be able to gain experience conducting a business and develop a creative and innovative mentality.
The Lunar New Year’s Eve Fair will continue to operate every day from 10 a.m. till midnight, ending on Jan. 22 at 2 a.m.